Examveda
Examveda

A contract of guarantee may be made:

A. By a company, by writing under its common seal

B. On behalf of a company, by any person acting under its authority, express or implied. Directors may bind themselves personally by a guarantee which they sign or adopt

C. Either (A) or (B)

D. None of these

Answer: Option C


This Question Belongs to Law >> Indian Contract Act

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